Libya’s Fragile Peace Is A Major Oil Market Risk
The relentless oil price is causing economic havoc around the world, and Libya represents a major supply risk that could send prices even higher. The recent failed attempt by Bashagha Continue Reading
Libya’s Oil Output Almost Halts With New Wave of Shutdowns
The Brega oil port in Marsa Brega, Libya. Source: -/AFP Libya’s oil production has almost fully halted as a political crisis leads to more shutdowns of ports and fields. The Continue Reading
Explainer: What does a diplomatic row mean for Spain’s Algerian energy supplies?
Algeria suspended a 20-year friendship treaty with Spain this week and moved to limit trade with its northern neighbour, raising more questions about the potential impact on the long-established gas Continue Reading
Libya’s Oil Exports To Dip Again Amid Renewed Port Blockades
Libyan oil production and exports are set to drop again after two export terminals were blocked on Thursday, and protesters threatened on Friday to close another oil port. Groups of Continue Reading
Libyan oil supply outages intensify as political crisis deepens
Protestors shut Sarir oilfield, Es Sider terminal Threat to exports at Ras Lanuf Port Analysts expect larger, longer supply outages Libya’s oil sector has been hit by more supply disruptions Continue Reading
Algeria Says It Respects All Gas Commitments With Spain
The In Salah Gas (ISG) Krechba Project in the Sahara desert near In Salah, Algeria. Want the lowdown on European markets? In your inbox before the open, every day. Sign Continue Reading
Libyan oil supply outages intensify as political crisis deepens
Protestors shut Sarir oilfield, Es Sider terminal Threat to exports at Ras Lanuf Port Analysts expect larger, longer supply outages Libya’s oil sector has been hit by more supply disruptions Continue Reading
Algeria suspends Spain treaty, bars imports over Western Sahara
Algeria suspended a 20-year-old friendship treaty with Spain that committed the two sides to cooperate in controlling migration flows, and also banned imports from Spain, escalating a row over Madrid’s Continue Reading
Divided again, Libya slides back toward violence, chaos
For many Libyans, clashes that erupted in the capital of Tripoli last month were all too familiar — a deja vu of street fighting, reverberating gunfire and people cowering inside Continue Reading
Libya’s Oil Losses Mount On Pipeline Leak
Libya is losing another 22,000 barrels per day due to a pipeline leak at the Sarir Tobruk oilfield blamed on delayed budgets that have left the operating company unable to Continue Reading